The most important point to impress upon IP owners is that as of today nothing has changed. As has been widely publicised it is likely to be at least two years before any potential changes to IP rights as they apply to the UK occur. If the UK is to officially leave the EU, it has to notify the EU Council of its intention to do so. This triggers Article 50 of the EU Treaty, which provides for a maximum of two years for the withdrawal negotiations (extendable with the agreement of all EU Member States). The notification is very unlikely to occur before October 2016, and as a result, the actual exit, if it happens, is unlikely to occur before October 2018. Until that time, the UK will continue to be an EU Member State, bound by EU treaties and laws. Upon Brexit, any changes to UK IP laws will need to be determined in due course by UK national legislation.
As for some of the potential changes to IP rights in the UK please see our full blog by clicking here.
Brexit – Implications: Overview Team
Events - Thursday 22 March 2018
David Greene speaks to The City of Westminster & Holborn L...
Events - Saturday 2 December 2017
David Greene to speak at The Law Society’s Brexit confere...
Events - Wednesday 8 November 2017
David Greene speaking at The UK Law Societies’ Joint Brus...
Events - Thursday 2 November 2017
David Greene to speak at Commercial Litigation & Arbitrati...